Authentic Holdings Inc (AHRO)

[StockBull]

Reporting will be current soon? Like in the next several months soon? How do we know it’ll be soon?

For further clarification, let’s look at what the actual recent PR said specific to convertible note holders:

Lastly, as to our intent of becoming a fully reporting company once again will be determined by several factors including. Our ability to negotiate an acceptable deal with minimal or no further dilution with the convertible noteholders which will remain the key component that will determine whether we spend monies strictly on operations or on operations and the expense that goes along with maintaining a fully reporting status. It is our intent to become fully reporting again but that decision will be determined in the next several months.

So what does that actually mean? Either the company works out a deal with note holders, or they continue to be delinquent in their reporting to the SEC, correct?

Now let me ask you, how do we know they will even work out a deal, or if it will be soon? Furthermore, how long has the company been “working” on reaching a deal with note holders? It’s been months now with no success and even more dilution, which apparently forced the company to stop reporting all together. Obviously “working out a deal” wasn’t benefiting noteholders, otherwise they would have stopped diluting.

Ok, so now we know why the company decided to stop reporting. The question now becomes, how come they aren’t shipping orders to customers? How does working out a deal with note holders stop the company from operating their business, ie shipping customer orders and manufacturing PPE masks as they said they would do?

Something doesn’t add up here...